Stock markets begin FY27 on a high, Sensex jumps 1,186 points on de-escalation hopes
NTPC, Sun Pharma, Power Grid, UltraTech Cement and Bharti Airtel were the laggards. File |…
In overseas markets, Comex gold futures fell $149.6, or 3.5%, during the last week to close at $4,096.3 per ounce, while silver slumped $7.13, or 10.7%, to $59.67 per ounce in New York. Gold and silver are likely to remain under pressure next week as investors assess the impact of renewed hostilities between the US…
Precious metals extended the decline last week. Gold ($4,088/ounce) and silver ($59.20/ounce) depreciated 1.6 and 8.8 per cent. Similarly, in the domestic market, gold futures (₹1,44,162/10 gm) lost 2.1 per cent and silver futures (₹2,23,472/kg) fell 6.4 per cent. Below is an analysis. MCX-Gold (₹1,44,162) Gold futures (Aug) declined to an intra-week low of ₹1,40,543…
With gold hovering around $4,000 an ounce levels and its near-term environment challenging, the precious metal’s price outlook has been lowered by investment banks and rating agencies. “While we remain constructive on gold over the medium term, the near-term environment has become more challenging. As a result, we are lowering our gold price forecasts,” said…
Gold started trading at a premium in India this week for the first time in a month and a half, as a price correction lifted buying, while demand stayed subdued in top consumer China. Gold prices in India fell to 140,543 rupees per 10 grams on Thursday, their lowest level since March 27, tracking a…
For the week, bullion was on track for a loss of 4%, having slipped below the key $4,000 level for the first time since November 2025 on Wednesday (June 24,2026). Gold was set for a fourth straight weekly fall on Friday, as a resilient dollar and expectations of faster US rate hikes to tame inflation…
Silver has given up all its gains made this year, while gold is headed for a similar trend, as both precious metals have declined by 13 per cent and over 5 per cent, respectively, over the past week. The plunge in precious metals was in sync with the global trend, where they have dropped to…
According to the All India Sarafa Association, gold of 99.9% purity fell by ₹2,800 to ₹1,45,300 per 10 grams (inclusive of all taxes) from the previous level of ₹1,48,100 per 10 grams. Gold prices declined by ₹2,800 to ₹1.45 lakh per 10 grams and silver by ₹5,000 in the national capital on Thursday amid subdued…
Gold futures recovered marginally on Thursday, rising ₹405 to ₹1.41 lakh per 10 grams as traders resorted to value buying after a sharp selloff, even as concerns over a strong dollar and the US interest-rate outlook kept sentiment cautious. On the Multi Commodity Exchange (MCX), the yellow metal for August delivery increased by ₹405, or…
Gold prices on Thursday dropped ₹32 to ₹1,41,238 per 10 grams in futures trade amid a fall in spot demand. On the Multi Commodity Exchange, yellow metal contracts for August delivery traded lower by ₹32, or 0.02 per cent, at ₹1,41,238 per 10 grams in a business turnover of 1,279 lots. Analysts attributed the fall…
Gold extended losses on Thursday, after breaking below the key $4,000-per-ounce level for the first time in seven months a day earlier, as the dollar held strong on rising expectations of Federal Reserve interest rate hikes this year. Spot gold was down 0.7 per cent at $3,971.08 per ounce, as of 0311 GMT. US gold…